A Bleak Future for Telecom

The future of the telecom industry is looking rather bleak these days ... expenditures, such as upgrading their networks. Instead they have to focus on paying off debt. Avian ... .” Of course, the credit crunch has also been a problem for equipment suppliers, which send [more...]

Date: 2008-12-13 01:15:57

Blog posts (217) | Videos (136)
 

Funny but True: SNL- Don’t Buy Stuff You Cannot Afford

With all of the serious economic problems happening these days, I figured a little humor was in order ... t get these numbers to add up. Husband: Like we’re never going to get out of this hole. Wife: Credit card debt ... ve tried debt consolidation companies. Husband: We’ve even taken out loans to help make payments [more...]

Date: 2008-10-02 04:01:10

2008 Year In Review

Recession? What Recession? By any measures, 2008 was a very good year for John Chow dot Com and myself ... as the US banks so I have no problem getting credit. The proper use of debt is the number one tool [more...]

Date: 2009-01-01 00:43:20

What Would Happen if You Get Into Financial Trouble

With new technology constantly coming onto the market, the prices of everything rising, and the introduction of more and more credit cards, it is very easy to understand why an increasing number of people are finding themselves in debt. Personal bankruptcy is at all time high because now people are having problems paying for their homes. However, individuals who see quickly that they have a debt problem then there is help available. [more...]

Date: 2009-09-25 09:05:07

What People Are Forgetting About Bailouts

Jerry Remmers recently had a guest post on TMV that summarized what is at stake in the Big Three Bailout ... for not increasing the amount of credit they are offering. The problem is that we have too much debt ... mindset. I detailed in three long posts why I believe the amount of debt that has accumulated [more...]

Date: 2008-11-16 18:55:18

Jemma’s Story

I am a 21 yr old female who through depression the last 2 years I have spent all my money on bingo/slots online casinos etc now I cry myself to sleep because I’m so in debt. I can’t accept help which is my problem, I’m maxed out on my credit card and on my overdraft, I even got a loan out just simply because I could and practically blew [more...]

Date: 2009-01-14 11:11:16

Debt Management Solutions - Avoid Debt Elimination Scams?

Acquiring a large amount of debt is burdensome. Because of high monthly payments, many people are unable to make minimum payments ... claiming that they can eliminate your debt legally. According to these organizations, credit card ... skipping credit card payments may be tempting, this does not eliminate the problem. In fact, this makes [more...]

Date: 2009-01-10 07:09:34

Back to School Money Tips for College Students

College is starting up around the country right now ... . No amount of credit will erase the problems you can bring upon yourself. The key is to stay out of debt from a young age. Use credit responsibly A key to living within your means is using credit [more...]

Date: 2008-08-29 14:10:27

Credit Blemished Over Imaginary Credit Card [Debt Collectors]

The NES collection agency is coming after Nancy for a debt on an account number she's never owned ... the account and sold it to a collection agency, who somehow had no problem contacting me repeatedly ... of the charge, however, was when I received a collection notice several months after [more...]

Date: 2008-10-30 19:20:44

I broke an egg…

Oops…while trying to make some french toast for tea break, I broke an egg. That’s how it is ... , and stretch your debt even longer. Banks love customers like you. Same goes to the the credit card story ... the spending problem, you are half-way to debt-free. The next half is easier than you think [more...]

Date: 2009-01-13 10:00:07

The Bank Bailouts Are Very Well Intended, But Where Is All The Money Going To Come From?

As every woman who has ever had dealings with a man knows only too well, ... problems raising debt in the deepening credit crisis. According to the FT article the difficulties [more...]

Date: 2008-10-29 11:34:02

Terrance Says His Debt Problems Are Worse Than Anyone He Knows

Terrance wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy ... , and one credit card. Some happened before I was even 18. But I talked to a friend of mine who said [more...]

Date: 2008-11-12 18:51:44

36 Symptoms Of Money And Financial Problems

Are you headed towards a financial disaster? You may not know it yet but your current lifestyle could be leading you into a pit of debt ... off old debts. money-problems You get denied or turned down for a loan or credit card [more...]

Date: 2008-09-04 00:21:23

Use the Plastic to Repair Your Credit Rating

People are always looking for the shortest path to solve their personal finance problems ... and knowledge play important roles. Repair your credit rating, get out of debt Poor or below average ... in most cases, people recklessly apply for cash advances or use credit card financing without knowing [more...]

Date: 2008-09-24 09:31:39

How to Teach Teens to Spend Responsibly

As job prospects for college grads darken, many parents are weighing bailouts or other support for young-adult children with heavy debt loads, ... . Such a strategy, says Gail Cunningham, a spokeswoman for the National Foundation for Credit Counseling ... consumer item. To teach teens to avoid such problems, credit counselors suggest giving high-school [more...]

Date: 2008-10-08 13:49:01

Understanding Rights Issues

Photo by micsalac There have been a spate of rights issues by listed companies recently ... that they require more funds. There is also the problem of existing credit lines of companies being reduced ... to raise capital. Via debt or equity. Debt can be raised through bank borrowings or the issuing [more...]

Date: 2009-01-14 04:09:35

"How to Design a Bank Bailout that Works"

Johm Hempton disagrees with me and others that the problem in financial markets is fundamentally one of solvency, i.e. lack of adequate bank capital ... guarantee of all sorts of bank debt" is needed to get bank credit flowing again from financial wholesalers ... debt payments: The Brad DeLong question - and how to design a bailout that works, Bronte [more...]

Date: 2008-11-24 22:27:17

The Wonders of Consumer Counseling for Debt Management

John Cummuta Reviews Many people fall into the trap of mismanaging their debts and oftentimes find themselves in debt far off than what they ... to consider consumer counseling services. The first thing that will be required of you is to list down ... . Consumer Credit Counselors can help you with your credit card problems. They can revoke interest [more...]

Date: 2009-01-15 01:17:33

Debt Free

I made a post here yesterday about my problem with Standard Chartered bank ... that can help me with my debt elimination problem. I know this company can prepare a financial plan for me to help me manage my debt but I wonder if they have programs too that can help me deal with credit card [more...]

Date: 2008-12-06 16:11:54

Dicing With Debt

Dicing With Debt Posted in January 15th, 2009 Category:Debt Relief Britons are taking on record levels of mortgage and credit card debt, with figures released last year showing that UK personal debts far out weigh that of our European neighbours. For those in need of help with financial problems then the Citizens Advice Bureau [more...]

Date: 2009-01-15 07:42:47

Private Equity Drama Unfolding

As the economy weakens and credit markets remain tight, ... growing. The main problem First Data faces is its mammoth debt burden and interest costs barely ... announced (In November) a tender offer for various tranches of debt, but offering prices well below [more...]

Date: 2008-12-11 05:59:19

The Road to Debt Relief

Living with debt is not something someone hopes for, ... to debt relief, whether it is through self-help, credit counseling, dept management programs ... to eliminate it. Once many individuals realize they have a problem with debt, they are too embarrassed [more...]

Date: 2008-12-07 18:57:58

KKR Seeks to Avoid Apollo's Fate in Private Equity Drama

As the economy weakens and credit markets remain tight, ... . The main problem First Data faces is its mammoth debt burden and interest costs barely covered ... (in November) a tender offer for various tranches of debt, but offering prices well below par [more...]

Date: 2008-12-11 16:14:30

Pawlenty on the Bailouts

Pawlenty on the Bailouts Jennifer Rubin - 12.08.2008 - 7: ... , there’s one small problem with the whole concept and that is by any reasonable accounting standard, the federal government of the United States is broke. They’re using credit card debt to pay off credit [more...]

Date: 2008-12-08 12:53:34

Reduce debt

Is reducing debts possible? Absolutely, it is! Debts can give someone a stressful life but with the help of an approved company, ... today and have a DEBT REDUCTION. They have the best credit counselors which will be at your side ... one will be aided in his way to a debt free life. To all clients who are experiencing a problem [more...]

Date: 2009-01-12 03:12:05

Remainders: Russert

NBC's coverage of Tim Russert's death. Politico's coverage. In other news: Michelle Obama is in Cincinnati tonight with various prospective veeps. Ed ... are not a problem. The McCains have more than $100,000 in credit card debt. McCain woos Clinton [more...]

Date: 2008-06-13 21:30:00

Downturn Pounds Commercial Real Estate

And despite the tone of this article, some people believe it will be worse than the residential crash: Contractors, ... reeling from a historic housing depression. “This is a rolling problem that’s only going ... values. “Businesses need to be able to access the credit market when their debt comes due [more...]

Date: 2009-01-12 15:04:37

Zimmer Holdings (ZMH): A 'hip' holding

Zimmer designs and manufactures orthopedic implants, including joint, dental, and spinal replacements, ... given how the credit crunch is causing problems for many companies. Zimmer’s ratio of long-term debt to equity is only about 20% of its industry’s average, and it maintains a high level of cash [more...]

Date: 2009-01-08 01:35:40

bad credit 2nd mortgage

If you are in need of a second mortgage, don’t let bad credit stop you from applying for a loan. Bad credit is a very common problem and lenders have become much more lenient when it comes ... with a bad credit can help you to pay the huge amount of your debt and save extra money for expenditures [more...]

Date: 2009-01-14 04:43:23

Don’t Make Credit Decisions Based On Last Year’s Recommendations!

When I was taking a political science class in college, we learned about the problem of “fighting the last war ... about the advice of many newspaper columnists on credit card debt currently.  They may be right ... years but now seems to miss the point of the credit crisis.  If your credit card provider lowers [more...]

Date: 2009-01-08 23:46:33

Financial Trouble? Consider Debt Negotiation

by Daniel Atolben Are you drowning in debt and finding it difficult to make your monthly payments? ... to a collection agency. Since credit card companies won’t be getting all the money that you’ve agreed ... Even if you’ve had no problem controlling your debt in the past, there may be something unexpected [more...]

Date: 2008-11-25 18:51:14

Debt Management Programs– best way to get out of debt.

A debt management program collectively takes all the loans of various amount and interest rates and forms into a new loan which is released to you. After that, only a single installment is required to be paid every month on a fixed rate of interest. This process is known as debt consolidation. Usually, debtors opt for bill consolidation scheme from the fear of bankruptcy. The problem originates with the use of many credit cards or taking multiple loans from various banks for personal or investment purposes. [more...]

Date: 2009-09-08 05:51:11

savings accounts in problem banks. Gen X Finance asks if you got suckered into a fake gas price hike from hurricane Ike ... 29. Rich Credit Debt Loan suggests ways to undo the results of financial trauma. Money Ning ... Posts:A Credit Card Survey, Passive Income, Car Payments @ The Carnival Money Articles To Make [more...]

Date: 2008-09-16 16:36:41

Having Problems Paying Your Bills?

Take a few minutes off and answer the following questions.1. What financial concerns are giving you headache right now?a. Credit card billsb ... in debt, try this next suggestion. My Fapturbo is an automated trading system that will help ... 1?a. File a loan to pay other loansb. Drop the insurancec. Declare bankruptcy d. Take second [more...]

Date: 2009-01-15 20:15:28

We can’t predict anything in financial markets, let’s stop fooling ourselves and the public

Sand in the Gears. Image by JFabra [de nuevo en Am?? ... to markets won’t be enough to solve the problem: “But merely making credit available via bailouts ... economy. Take a mortgage. That’s a piece of debt (what you, the punter, owe the bank), and that debt [more...]

Date: 2009-01-09 08:52:18

Free credit report for a brighter tomorrow

The family encounters those financial problems arising. They make budgets for the family use and those debts to pay ... all at the same time? Like bills, mortgages, other loans, and credit card that way it’s beyond ... . With the use of debt consolidation, you can pay your multiple debts in one debt. Meaning, combining [more...]

Date: 2008-10-05 06:49:10

What If You Can’t Pay All Your High Priority Debts

by Ian Pelham Although individual priorities may vary, ... I can pay my credit cards.” Not a good idea at all. Virtually every strategy to keep your home ... strategies for dealing with debt problems discussed throughout this course. Occasionally, though it is best [more...]

Date: 2008-12-22 18:55:18

Det Rattle, June 10 2008: Credit tightening across the board

Stoneleigh: Sorry the Debt Rattle is very late today. I have had very limited internet access this morning due to technical problems. I will be adding material through the day. Credit crisis expands, hitting all kinds of consumer loans The credit crisis triggered by bad home loans is spreading to other areas, forcing banks [more...]

Date: 2008-06-10 18:20:24

White House Considering “Orderly Bankruptcy” for U.S. Automakers

From AP: President George W. Bush answers a question during a meeting of the American Enterprise Institute, a conservative think tank, ... is the best way to work through credit and debt and restructuring,” Bush said of the U.S. auto industry at AEI. “These aren’t normal circumstances. That’s the problem.” From White House Press [more...]

Date: 2008-12-18 20:34:33

Bad Credit Mortgages

Bad Credit Mortgages Posted by Dark Spider at December 26, 2008 Many people these days have an adverse credit mortgage rating ... isn’t difficult to get, but unless you take some professional advice, you may not get the best deal ... or suffered other debt problems, such as defaults,non payment of utility bills. Maybe [more...]

Date: 2008-12-26 00:07:19

Commercial mortgage problems, GMAC & Indy update, Bank branch pricing strong

It was mealtime during an airline flight. “Would you like dinner?” the flight attendant asked John, seated in front. “What are my choices? ... and credit card debt. Last week GMAC received an early “Christmas present” by receiving the Federal ... private equity firms, and the hedge- fund firm Paulson & Co. Credit cards and commercial real estate [more...]

Date: 2008-12-29 13:07:42

What If You Can’t Pay All Your High Priority Debts

by Ian Pelham Although individual priorities may vary, ... the lines of, “If I can’t pay my car finance, at least I can pay my credit cards.” This is a bad ... be more inclined to foreclose. There are many strategies for dealing with debt problems discussed [more...]

Date: 2008-12-22 18:58:27

Understanding The Coming "Depression"

Glenn adds an update to a post on financial issues facing old media. BCB highlights some seemingly positive online shopping news ... - low savings, high debt and credit ratios - aren't actually sound economics. Changing it isn't all bad. But be smart and don't fool yourself into thinking this is all mostly a media inflamed problem [more...]

Date: 2008-12-08 12:53:39

Mortgage and Credit Card Companies Under the Spotlight on Consumer Charging

For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation ... that consumers are struggling with debt. Ed Stansfield of Capital Economics, said, “Today’s figures show that for a small but growing minority of borrowers levels of debt have become a problem, despite [more...]

Date: 2009-01-14 23:35:31

consolidate bills and stuff online

When you face money problems, you will find that your life become very stressful and difficult ... a really informative web site regarding credit card debt consolidation. Consolidating your bills ... consolidation central dot com. He is now working to clear himself of debt. He is working [more...]

Date: 2009-01-09 21:46:26

Two Plus Two Equals a Long, Painful Recession

I received a number of comments on my 2009 predictions, some agreeing, some saying I was too pessimistic and some saying I was too optimistic ... by massive debt. Easy credit leads to foolish levels of over-consumption. So now we are deleveraging ... prolong the problem and increase the eventual pain. [more...]

Date: 2009-01-04 09:53:19

2008 Goals

For some reason I can’t seem to mentally grasp that 2008 is almost over.  I feel like I was just writing this same article but back in 2007 ... for any necessary repairs or problems. Goal 2: Payoff our last credit card. This one will be a bit ... for 2008 and how I did with them: Goal 1: Pay a minimum of $1,000 a month towards out debt [more...]

Date: 2008-12-17 11:24:58

UPDATED: Senate buys into the Wall Street buy out… Obama: John Q Public too stupid to know what’s good for country… George Soros says buy out won’t fix credit problem

Putting increasing pressure on the House “no” voters to fall in line, the Senate voted (74-25) overwhelmingly in favor of a $700 bil government purchase of bad debt from Wall Street … with lots ... y of Treasury’s decisions (but only via “consultation and recommendations…), and sundry other details [more...]

Date: 2008-10-02 02:59:48

Great News: Global Economy In Full Meltdown, Obama Transition Team Panicking

Marc Ambinder says that Obama's economic team is heading for the bunkers.. ... help explain why: 1. Credit markets have yet to really unfreeze, because the underlying problem — putting a price on a lot of toxic debt — has yet to take place; 2. It’s going to take some time [more...]

Date: 2008-12-11 18:33:40

'drunk 24 hours a day on cheap credit'

The death toll and risk of nuclear weapons attack on Tehran has been making me forget all the other sources of disaster, ... be instrumental in replacing it""The UK has got much more debt going into the problem and their real estate [more...]

Date: 2009-01-12 16:32:00

51 - 100 of 217 Posts
Page: First | < Preceding | Next >
0 | 1 | 2